The company also confirmed that Nanula had resigned in the wake of an alleged sex scandal. Earlier this month, photos surfaced on a website called TheDirty which claimed to show Nanula having sex with a porn star. Nanula immediately took a leave of absence from both Miramax and Colony, the latter of which he served as principal.

Colony was part of a group of investors which purchased Miramax from Disney for $663 million in 2010.